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Axesstel Provides Company Update



Axesstel Provides Company Update

    Changes Sales Leadership Following Chief Marketing Officer Resignation

         Delivers Revenue Expectations for the Second Quarter of 2013

               Continues to Anticipate an Improved Second Half

SAN DIEGO, June 13, 2013 (GLOBE NEWSWIRE) -- Axesstel (OTCQB:AXST), a leading
provider of wireless voice, broadband access and connected home solutions to
the worldwide telecommunications market, provided updates on its sales
leadership following the resignation of Henrik Hoeffner, its chief marketing
officer, as well as its anticipated second quarter performance and full year
2013 outlook.

Clark Hickock, the Company's chief executive officer, has been increasingly
active in key customer relationships and has assumed Mr. Hoeffner's management
responsibilities. The sales executives for each of its four key regional
markets now report directly to Mr. Hickock. The Company has reached an
agreement with Mr. Hoeffner to provide advisory consulting services to
transition key accounts and advance key strategic opportunities.

"We want to thank Henrik for his service and contribution to Axesstel," said
Hickock. "He has been the consummate professional and assembled a team of
experienced and capable regional sales executives who manage our day-to-day
sales operations in North America, Latin America, Europe and the Middle East
and Africa. We wish Henrik well."

The Company is anticipating a weak second quarter due to slower demand in
Europe, product launches in Africa that were delayed to the second quarter as
a result of minor warranty issues, and a slower than expected rollout of the
Company's new products in 2013. The Company believes that revenues for the
second quarter will fall substantially below first quarter revenue of $10.1
million, and may be as low as $2 million.

Hickock continued, "Our quarterly revenues have always been subject to
volatility based on the timing of large orders. The transition to our next
generation product lines is moving slower than anticipated, but we will work
through these issues and expect our performance to return to historic levels
later in 2013. Despite what looks like a very weak second quarter, we are
continuing to receive positive feedback from our customers about our new
product lines, and expect that the second half of the year will show improved
sales and results of operations."

"We are confident in our product strategies, including our entrance into the
rapidly growing M2M and connected home markets. We expect to retain market
share in Europe with our broadband gateway devices and to expand our
addressable market with the recent launch of our dual-mode gateway device.
  We are adding functionality to our next generation of wireline replacement
terminals for the North American market.  We have multiple releases scheduled
for our Home Alert product line, targeted to address the requirements of
specific geographic regions or customers. Scheduled for launch in North
America later in 2013, we are putting Home Alert products in the development
lab with Sprint, and are working with other carriers in North America and
other regions. We need to get these products completed, tested and released,
but expect that the Home Alert products will be one of our largest selling
product lines. We remain very excited about our future," concluded Hickock.

About Axesstel, Inc.

Axesstel (OTCQB:AXST) is a leading provider of wireless voice, broadband
access and connected home solutions for the worldwide telecommunications
market. Axesstel's best in class product portfolio includes phones, wireline
replacement terminals, security alert systems, and 3G and 4G broadband gateway
devices. These products are used for voice calling, high-speed data access,
and connected home management services. The company has supplied millions of
devices to leading telecommunications operators and distributors in over 50
countries worldwide. Axesstel is headquartered in San Diego, California. For
more information on Axesstel, visit www.axesstel.com.

The Axesstel, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6261

© 2013 Axesstel, Inc. All rights reserved. The Axesstel logo is a trademark of
Axesstel, Inc.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: With the exception of historical information, the statements set forth
above include forward-looking statements relating to market penetration and
conditions, product capabilities and the timing of new product introductions
which may affect future results and the future viability of Axesstel. Axesstel
wishes to caution readers that actual results could differ materially from
those suggested by the forward-looking statements due to risks and
uncertainties and a number of important risk factors. Those factors include
but are not limited to the risk factors noted in Axesstel's filings with the
Securities and Exchange Commission, including the need for additional working
capital; economic and political instability in developing markets served by
Axesstel; unforeseen manufacturing difficulties, unanticipated component
shortages, competitive pricing pressures and the rapidly changing nature of
technology and frequent introductions of new products and enhancements by
competitors; the competitive nature of the markets for Axesstel's products;
product and customer mix; Axesstel's need to gain market acceptance for its
products; dependence on a limited number of large customers; potential
intellectual property-related litigation; Axesstel's need to attract and
retain skilled personnel; and Axesstel's reliance on its contract
manufacturers. All forward-looking statements are qualified in their entirety
by this cautionary statement, and Axesstel undertakes no obligation to revise
or update this press release to reflect events or circumstances occurring
after this press release.

CONTACT: Investor Relations Contact:
         LHA
         Cathy Mattison
         (415) 433-3777
         cmattison@lhai.com

Axesstel, Inc. Logo
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